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The IMF says Larry Summers is right—and Ben Bernanke is wrong—about economic stagnation

The biggest debate in the economics world—whether advanced economies like the United States or the European Union are doomed to stagnation—has pitted former US Treasury secretary Larry Summers against former Federal Reserve chairman Ben Bernanke. 390 more words

Following Up: Why China's Economy is Still Export-Dependent

Yesterday, I wrote about how China watchers’ longtime focus on Beijing’s practice of artificially cheapening its currency to gain trade advantages has often blinded them to all the other ploys that Chinese leaders can and frequently have used to rig markets. 569 more words